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now, governor romney said he wants to repeal dodd-frank. and i appreciate and it appears we have some agreement that a marketplace to work has to have some regulation. but in the past, governor romney says he wants to repeal dodd-frank, roll it back. so the question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> sorry, jim. that's not the facts. we have to have regulation on wall street. that's why i'd have regulation, but i wouldn't designate five banks too big and fail and give them a blank check. one of the unintended consequences of dodd-frank. it wasn't thought through properly. we need to get rid of it, regional and small banks are getting hurt. another regulation, we were giving mortgages to people who weren't qualified. exactly right. one of the reasons for the great financial calamity we had. and dodd-frank says we need qualified mortgages and if you give a mortgage that's
now, governor romney said he wants to repeal dodd-frank. and i appreciate and it appears we have some agreement that a marketplace to work has to have some regulation. but in the past, governor romney says he wants to repeal dodd-frank, roll it back. so the question is, does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. but that's not -- >> sorry, jim....
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governor romney says we should replace it. i'm just going to repeal it but we could replace it with something. he hasn't described what we'll replace it with, other than saying we'll leave it to the states. but the fact of the matter is, some is of the prescriptions that he's offered like letting you buy insurance across state lines, there's no indication that that somehow will help somebody who has a pre-existing condition able to finally buy insurance. in fact, it's estimated by repealing obama care you're looking at 50 million people losing health insurance at a time when it's vitally important. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from
governor romney says we should replace it. i'm just going to repeal it but we could replace it with something. he hasn't described what we'll replace it with, other than saying we'll leave it to the states. but the fact of the matter is, some is of the prescriptions that he's offered like letting you buy insurance across state lines, there's no indication that that somehow will help somebody who has a pre-existing condition able to finally buy insurance. in fact, it's estimated by repealing...
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that's probably a promise that governor romney thinks i've kept. but i also promised that i would fight every single day on behalf of the american people, and the middle class and all of those who striving to get in the middle class. i have kept that promise. if you will vote for me, then i promise i will fight just as hard in a second term. >> jim: governor romney. >> thank you, jim. mr. president. thank you for tuning in this evening. thanksgiving an important election. i am concerned about america. i am concerned about the direction america has been taking over the last four years. i -- i know this is bigger than election about the two of us, as individuals. it's bigger than our respective parties. this lrkz is about the course of america. what kind of america dowrpt to have for yourself and for your children? there are two very different paths that we began speakerring about. we will have two more presidential debates and a vice-presidential debate. and we will talk about the two paths. and they lead in very different directions. it is not just
that's probably a promise that governor romney thinks i've kept. but i also promised that i would fight every single day on behalf of the american people, and the middle class and all of those who striving to get in the middle class. i have kept that promise. if you will vote for me, then i promise i will fight just as hard in a second term. >> jim: governor romney. >> thank you, jim. mr. president. thank you for tuning in this evening. thanksgiving an important election. i am...
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governor romney was engaged. henergetic. he was, as savannah said, in command of the facts, personalable. for some reason the president was clearly off his game, looked aknow ed to be there, kept looking at his notes. he didn't look at the camera. he failed debate 101, what we tell fledgling candidates, always look at camera, particularly when delivering your closing. he was delivering his closing to jim lehrer, not the american people. it was a stunning but i think the key now for the obama campaign is not to panic. remember, walter mondale beat reagan in the first debate, went from 18 points down to 4 or 5 down, and wound up losing 49 states. don't panic. stay on message. put surrogates out there to rebut the things that he talked about in your opening. but don't put david axelrod and david plouffe out. >> he's a little too late on that one. >> i'm saying from now. they're very good guys, they're smart, but they're in the campaign. put ow elected officials, put out deval patrick. put out jennifer granholm and have them del
governor romney was engaged. henergetic. he was, as savannah said, in command of the facts, personalable. for some reason the president was clearly off his game, looked aknow ed to be there, kept looking at his notes. he didn't look at the camera. he failed debate 101, what we tell fledgling candidates, always look at camera, particularly when delivering your closing. he was delivering his closing to jim lehrer, not the american people. it was a stunning but i think the key now for the obama...
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let's go back to what governor romney indicated.. under his plan, he would be able to cover people with pre-%+ existing conditions. actually, governor, that is not what your plan does. what it does is to duplicate what is already the law, which says, if you are out of health insurance for three months, you pan end up getting continuous coverage and an insurance company cannot deny you if it has been under 90 days. but that is already the law. that does not help the millions of people out there with pre- existing conditions. there is a reason why governor romney set up a plan he did in massachusetts. it was not a government takeover of health carr. it was the largest expansion of private insurance. what it does say is insurers, you havv to take everybody. that also means yyu have more customers. but when governor romney says he will replace it with some thing, but can not detail h it will be replaced, and the reason he said the system in massachusetts is because there is not a better way of dealing with the pre-existing conditions pro
let's go back to what governor romney indicated.. under his plan, he would be able to cover people with pre-%+ existing conditions. actually, governor, that is not what your plan does. what it does is to duplicate what is already the law, which says, if you are out of health insurance for three months, you pan end up getting continuous coverage and an insurance company cannot deny you if it has been under 90 days. but that is already the law. that does not help the millions of people out there...
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governor romney you go first. and the question is this what are the differences between the two of you as to how you would go about tackling the deficit problem in this country? >> romney: i'm glad you raised that. and it's a critical issue. i think it's not just an economic issue, i think it is a moral issue. i think it's not moral for my generation to keep spending massively more than we take in knowing those burdens will be passed on to the next generation, and the amount of debt we're adding a trillion a year is simply not moral. how do we deal with it? mathematically there are three ways. one of course is to raise taxes. number two is to cut spending and number 3 is to grow the economy, because if more people work in a growing economy, they are paying taxes and you can get the job done that way. the president would prefer raising taxes, i understand. the problem with raising taxes is it slows down the rate of growth. i want to lower spending and encourage economic growth at the same time. what would i cut? fi
governor romney you go first. and the question is this what are the differences between the two of you as to how you would go about tackling the deficit problem in this country? >> romney: i'm glad you raised that. and it's a critical issue. i think it's not just an economic issue, i think it is a moral issue. i think it's not moral for my generation to keep spending massively more than we take in knowing those burdens will be passed on to the next generation, and the amount of debt we're...
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listen to this. >> governor romney and i both agree our cooperate tax rate is too high. we both agree we've got to boost american energy production and it appears we've got some agreement that a marketplace to work has to have some regulation. i suspect that on social security we've got a somewhat similar position. >> you understand what he was trying do there? >> yeah, i do. >> i got a bit confused. >> i think you're right, wolf. and i think that is a disastrous approach. the truth of the matter is mitt romney right now is the head of a right-wing extremist party called the republican party. it wasn't always the case. that's what they are today. if the president cannot differentiate himself clearly from right-wing extremism, we've got a lot of problems as a nation and he's got problems as a candidate running for re-election. in terms of social security, it is absurd for the president to say that he and romney are coming down in the same way. social security today has a $2.7 trillion surplus. social security hasn't contributed one nickel to the deficit, can pay out benef
listen to this. >> governor romney and i both agree our cooperate tax rate is too high. we both agree we've got to boost american energy production and it appears we've got some agreement that a marketplace to work has to have some regulation. i suspect that on social security we've got a somewhat similar position. >> you understand what he was trying do there? >> yeah, i do. >> i got a bit confused. >> i think you're right, wolf. and i think that is a disastrous...
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governor romney will give energy to republic i hadi hads. the question, can he move the numbers in battleground states. it will be interesting to watch post debate advertising, resource allocation, i want to switch maps for one second. come up and look at this. here's what we know coming into the race. the tv ad counts this is -- a little confusing when you look at it first. pull out one state. colorado, the blue is the obama campaign, lighter blue, democratic pacs. pinkish red, the pro-romney pacs. why are the democrats spending more? trying to hold this state. why are republicans spending more, trying to catch up. very fascinating to watch after debate number one. how does it reset the battle, and watch the resources, catch the campaigns, ad spending, the first act of the final month and it will change things. >> we've studied history. covered races, when you have an incumbent president, and a stroll challenger comes in, and stands toe to toe. than an incumbent president, whether it was bill clinton versus george h.w. bush. when the incoup
governor romney will give energy to republic i hadi hads. the question, can he move the numbers in battleground states. it will be interesting to watch post debate advertising, resource allocation, i want to switch maps for one second. come up and look at this. here's what we know coming into the race. the tv ad counts this is -- a little confusing when you look at it first. pull out one state. colorado, the blue is the obama campaign, lighter blue, democratic pacs. pinkish red, the pro-romney...
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but let's go back to what governor romney indicated. under his plan, he would be able to cover people with pre-existing conditions. well, actually, governor, that isn't what your plan dis. what your plan does is to duplicate what is already the law, which says, if you are out of length insurance for 3 months, then you can end up getting continuous coverage and an insurance company can't deny you if it's been under 90 days. but that's already the law. that doesn't help the millions of people out there with pre-existing conscience. there is a reason why governor romney set up the plan that he did in massachusetts. it wasn't a government takeover of health care. it was the largest expansion of private insurance. but what it does say is that insurers, have you to take everybody. now, that also means have you more customers. but when governor romney says he will replace it with something, but can't detail how it will be in fact replaced and the reason he set up the system he did in massachusetts was because there isn't a better way of dealin
but let's go back to what governor romney indicated. under his plan, he would be able to cover people with pre-existing conditions. well, actually, governor, that isn't what your plan dis. what your plan does is to duplicate what is already the law, which says, if you are out of length insurance for 3 months, then you can end up getting continuous coverage and an insurance company can't deny you if it's been under 90 days. but that's already the law. that doesn't help the millions of people out...
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their minds about governor romney? >> i think with these debates mostly, the people are already set in who they're going to vote for. there are people that are there, just trying to solidify the reason they picked their candidate. there are aalways those people on the fence. when you have people that are possibly going one way or the other, you take a debate like last night and you may turn the people that are on the fence. >> were people surprised that president obama didn't seem to attack mr. romney at all, at least during the first half of the dough bait? he just sort of listened and then gave his talking points. >> yes. a lot of people mentioned this were surprised the president didn't bring up governor romney's offshore accounts, the 47% remark. they were really surprised he didn't come back with a lot of those comments. >> so, how much harm do you think the president's performance has done as far as the polls go? and can he recover? >> i think he can recover. what he needs to do is sit back, take a look at what o
their minds about governor romney? >> i think with these debates mostly, the people are already set in who they're going to vote for. there are people that are there, just trying to solidify the reason they picked their candidate. there are aalways those people on the fence. when you have people that are possibly going one way or the other, you take a debate like last night and you may turn the people that are on the fence. >> were people surprised that president obama didn't seem...
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because governor romney did a good thing. >> reporter: then it was on to leadership. romney implied there has been a lack of it in washington with the president at the helm. >> i like the way we did it in massachusetts. i like the fact that in my state we had republicans and democrats come together and work together. what you did instead was to push through a plan without a single republican vote entirely on a partisan basis instead of bringing america together. you pushed through something that you and nancy pelosi and harry reid put together. >> governor romney is going to have a busy first day, because he's also going to repeal obamacare, which will not be very popular with democrats. >> reporter: joining me now is our political analyst. does it come down to preparation and what about the body language that said something to the audience tonight? >> well, preparation does matter. and let's remember that mitt romney has had 18 months to practice this. he's had lots of debates, been on it much longer than frankly the president, who has been unopposed. in some ways, w
because governor romney did a good thing. >> reporter: then it was on to leadership. romney implied there has been a lack of it in washington with the president at the helm. >> i like the way we did it in massachusetts. i like the fact that in my state we had republicans and democrats come together and work together. what you did instead was to push through a plan without a single republican vote entirely on a partisan basis instead of bringing america together. you pushed through...
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governor romney earlier mentioned the bowles-simpson commission. well that's how the commission bipartisan commission, that talked about how we should move forward suggested we have do it, in a balanced way with some revenue and some spending cuts. >> all right. when we put the president's proposal under the lens on this one, glenn, what do you find out? >> yeah, there's not much there. this is fantasy washington accounting, really. you know, he -- when i had looked at this before, essentially it's maybe one dollar of tax cuts for one dollar of spending cuts. but a lot of the spending cuts in there are, you know, are made up, so to speak. for instance, he gives himself $800 billion worth of credit for any awards in afghanistan and iraq, that money that wasn't going to be spent anyway. counts $1 trillion in spending cuts already banked, no matter who was president that would happen. it's really not at all like the simpson-bowles commission when you do apples to apples, the simpson-bowles commission over ten years would reduce the deficit by 50% more
governor romney earlier mentioned the bowles-simpson commission. well that's how the commission bipartisan commission, that talked about how we should move forward suggested we have do it, in a balanced way with some revenue and some spending cuts. >> all right. when we put the president's proposal under the lens on this one, glenn, what do you find out? >> yeah, there's not much there. this is fantasy washington accounting, really. you know, he -- when i had looked at this before,...
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what is it that governor romney did first? and president obama didn't do in the content -- in the context of trying to have people believe in you, accept what you are saying, and feel your passion? >> i think governor romney did something which i think is very critical and we haven't touched upon yes yet. he brought passion to his debate and passion is important when you are looking to imfrom es 40, 50 million people. the president of the united states, who i always thought was one of the most brilliant communicate tors of at least my generation .. left his a game in the locker room and i think this sort of reminded me of the really smart guy who shows up for the big final exam only to, decide i didn't study enough and suddenly i am in the middle of a fight i didn't expect and sort of rbling here and i am not making my point, and the more you do that, the deeper you get, the more difficult it is to extricate yourself and as a trialer i watch people and i watch their body language and i try to understand by looking at them what
what is it that governor romney did first? and president obama didn't do in the content -- in the context of trying to have people believe in you, accept what you are saying, and feel your passion? >> i think governor romney did something which i think is very critical and we haven't touched upon yes yet. he brought passion to his debate and passion is important when you are looking to imfrom es 40, 50 million people. the president of the united states, who i always thought was one of the...
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something governor romney will point out. >> the governor aides say -- the obama camp will focus on the economy, taxes and the deficit and will hit romney hard on the idea that bill clinton has been making and made at the democratic national convention in charlotte, north carolina, it does not add up when you look at the romney campaign. >> he will say he will cut the deficit. please! he wants $2 trillion in new defense spending that the pentagon did not ask for and he will not saw how he will pay for the tax cut for the wealthy. >>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here on fox news. >> we cannot afford four more years like the last four years we have
something governor romney will point out. >> the governor aides say -- the obama camp will focus on the economy, taxes and the deficit and will hit romney hard on the idea that bill clinton has been making and made at the democratic national convention in charlotte, north carolina, it does not add up when you look at the romney campaign. >> he will say he will cut the deficit. please! he wants $2 trillion in new defense spending that the pentagon did not ask for and he will not saw...
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because governor romney did a good thing. working with democrats in the state to set up what is essentially the identical model and as a consequence, people are covered there. it hasn't destroyed jobs. and as a consequence, we now have a system in which we have the opportunity to start bringing down costs, as opposed have a system in which we have the opportunity to start bringing down costs, as opposed to just leaving millions of people out in the cold. >> your five seconds went away a long time ago. governor tell the president directly why you think what he just said is wrong about obama care. >> well, i did with my first statement but i'll go on. >> you did. please elaborate. >> exactly. first of all, i like the way we did it in massachusetts. i liked the fact that in my state we had republicans and democrats come together and work together. what you did instead was to push through a plan without a single republican vote. as a matter of fact when massachusetts did something quite extraordinary, elected a republican senator
because governor romney did a good thing. working with democrats in the state to set up what is essentially the identical model and as a consequence, people are covered there. it hasn't destroyed jobs. and as a consequence, we now have a system in which we have the opportunity to start bringing down costs, as opposed have a system in which we have the opportunity to start bringing down costs, as opposed to just leaving millions of people out in the cold. >> your five seconds went away a...
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that is probably a promise governor romney things i kept. i also promise i fight every single dayyon behalf of the american people, the middle class, and although striving to get into the middle class, i have kept that promise. if you will vote for me, then i will promise i will fight just as hard in the second term. >> the romney -- governor romney. >> this is an important election and i'm concerned about america. i am concerned about the taking over the last four years. i know this is bigger than an election about the two of us as indivvduals. -pit is bigger than our respecte parties. it is an election about the course of america. what kknd of america do you want to have for yourself and your children? there are two seven pads we begin speaking about this evening. we will have two more presidential debates and a vice presidential debate. we will talk about those two pads. -- paths. you do not have to just look at our work. you can look at the record. if the president would be reelected, you will see a middle-class squeeze. income going dow
that is probably a promise governor romney things i kept. i also promise i fight every single dayyon behalf of the american people, the middle class, and although striving to get into the middle class, i have kept that promise. if you will vote for me, then i will promise i will fight just as hard in the second term. >> the romney -- governor romney. >> this is an important election and i'm concerned about america. i am concerned about the taking over the last four years. i know...
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a very wide, you know, multiple point margin for governor romney. so i think that you are mistaken on that front. >> well, based upon what i understand, it has been limited. we will see. we won't really see the full impact until a few days from now. but i think it will be negative eligib -- small we have a situation where -- you were asking mr. n gingrey, my good friend dash. >> i know what's coming next. >> here is a good friend. the fact is he's absolutely wrong. you have a situation where you had mr. governor romney sitting in the most comfortable position he could possibly be in along with his $50,000 donors. and he said basically that 47% of our population was dependent and were victims. >> the president did not raise that in the debate. a good opportunity to bring that up. >> the fact is that you -- you see, mr. romney feels he knows that that was extremely damaging and knows. no matter what he says, that -- that image, him sitting with the -- you know, the people drinking their wine and having a nice time, and him saying that about 47% of the
a very wide, you know, multiple point margin for governor romney. so i think that you are mistaken on that front. >> well, based upon what i understand, it has been limited. we will see. we won't really see the full impact until a few days from now. but i think it will be negative eligib -- small we have a situation where -- you were asking mr. n gingrey, my good friend dash. >> i know what's coming next. >> here is a good friend. the fact is he's absolutely wrong. you have a...
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governor romney earlier mentioned the simpson commission. that's how the bipartisan commission that talked about how we should move forward, suggested we should do it. with some revenue and some spending cuts. and this is a major difference that governor romney and i have. let me just finish this point, because you're looking for contrasts. you know, when governor romney stood on a stage with other republican candidates for the nomination, and he was asked, would you take $10 of spending cuts for just $1 of revenue? and he said no. now, if you take such an unbalanced approach, then that means you are going to be gutting our investments in schools and education. it means that governor romney talked about medicaid and how we could send it back to the states but effectively, that means a 30% cut in the primary program we have for kids with disabilities, seniors in nursing homes. that is not a right strategy. >> way over the two minutes. >> sorry. >> governor, will you support simpson bowls? >> the president should have grabbed that -- >> do you
governor romney earlier mentioned the simpson commission. that's how the bipartisan commission that talked about how we should move forward, suggested we should do it. with some revenue and some spending cuts. and this is a major difference that governor romney and i have. let me just finish this point, because you're looking for contrasts. you know, when governor romney stood on a stage with other republican candidates for the nomination, and he was asked, would you take $10 of spending cuts...
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governor romney has ruled out revenue. he's ruled out revenue. >> lehrer: that's true. >> absolutely. >> lehrer: completely? >> the revenue i get is by more people working getting higher pay paying more taxes. that's how we get growth and balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain. spain spends 42% of their total economy on government. >> lehrer: okay. >> we're now spending 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> lehrer: mr. president you're saying in order to get the job done it's got to be balanced? >> if we're serious we've got to take a balanced responsible approach. and by the way this is not just when it comes to individual taxes. let's talk about corporate taxes. now i've identified areas where we can right away make a change that i believe w
governor romney has ruled out revenue. he's ruled out revenue. >> lehrer: that's true. >> absolutely. >> lehrer: completely? >> the revenue i get is by more people working getting higher pay paying more taxes. that's how we get growth and balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain. spain spends 42% of their total economy on government. >>...
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governor romney needs to win it. had the president had a decisive debate performance last night, a lot of democrats are thinking he could have put ohio away because he was up five, six, maybe seven points there. that's not the case today, wolf. the president could have maybe put away a couple battleground state, he didn't do. the chance for mitt romney, can he capitalize? and how will the president try to recover? >> he certainly missed a golden opportunity i thought to solidify some of the standing in some of those key battleground states and he avoided some of the stuff he's saying today on the campaign trail he avoided saying last night. i think a lot of his own supporters are suggesting he missed that golden opportunity. >> the form of vice president and al gore insists the altitude had something to do with it. but the president flew in to colorado too late to adapt to the mile high city. look, his own campaign team was trying to say the president didn't want to be too combative but he wasn't feisty enough. the q
governor romney needs to win it. had the president had a decisive debate performance last night, a lot of democrats are thinking he could have put ohio away because he was up five, six, maybe seven points there. that's not the case today, wolf. the president could have maybe put away a couple battleground state, he didn't do. the chance for mitt romney, can he capitalize? and how will the president try to recover? >> he certainly missed a golden opportunity i thought to solidify some of...
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governor romney says we should replace it. i'm just going to repeal it, but we can replace it with something. but the problem is, he hasn't described what exactly we'd replace it with other than saying we're going to leave it to the states. but the fact of the matter is that some of the prescriptions that he's offered like letting you buy insurance across state lines, there's no indication that that somehow is going to help somebody who's got a pre-existing condition be able to finally buy insurance. in fact, it's estimated that by repealing obamacare, you're looking at 50 million people losing health insurance at a time when it's vitally important. >> moderator: let's let the governor explain what you would do if obamacare is repealed. how would you replace it? romney: well, actually, it's a lengthy description, but number one, pre-existing conditions are covered. number two, young people are able to stay on their family plan. that's already offered in the private marketplace. you don't need to have the government mandate tha
governor romney says we should replace it. i'm just going to repeal it, but we can replace it with something. but the problem is, he hasn't described what exactly we'd replace it with other than saying we're going to leave it to the states. but the fact of the matter is that some of the prescriptions that he's offered like letting you buy insurance across state lines, there's no indication that that somehow is going to help somebody who's got a pre-existing condition be able to finally buy...
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governor romney says we should replace it. i'i'm going to repeal it, but we can replace it with something. the problem is he can't described what we're going to replace it with other than to say we'll leave it to the states. the fact of the matter is, some of the prescriptions that he's offered, like letting you buy insurance across state lines, there's no indication that that somehow is going to help somebody who has a preexisting condition to be able to finally buy insurance. it's estimate by repealing obamaed care you're looking at 50 million people losing health insurance at a time when it's vitally important. >> lehrer: let's let the governor explanation what you would do if obamacare is repealed. >> actually, it's a lengthy description. but number one, preexisting conditions are covereed under my plan. number two, young people can stay on the plans. that's already offered in the marketplace. you don't need the government to mandate that. let's come back to something the president and i agree on, the key task we have in h
governor romney says we should replace it. i'i'm going to repeal it, but we can replace it with something. the problem is he can't described what we're going to replace it with other than to say we'll leave it to the states. the fact of the matter is, some of the prescriptions that he's offered, like letting you buy insurance across state lines, there's no indication that that somehow is going to help somebody who has a preexisting condition to be able to finally buy insurance. it's estimate by...